American Way: South Carolina Spotlight

“Meanwhile, Columbia has emerged as a global leader in insurance technology and services, with an industry cluster that contributes $7 billion in annual economic impact—the result of well over a century of innovation and development, much of it by Seibels, the oldest business enterprise still operating out of the capital.

Beginning life in the back of a Columbia clothing store in 1869, Seibels provides business process outsourcing to the property and casualty insurance industry, and in recent years has taken steps to securing its future within the city through major renovations of its historic headquarters and investments in upgrading its technologies . “Our vision is to be a best-in-class service provider to insurance companies and we’re now well on our way to doing that,” said Chairman and CEO Rex Huggins.”